Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : EMC How high can it go? -- Ignore unavailable to you. Want to Upgrade?

To: Bob Frasca who wrote (14669)	10/15/2002 4:24:46 PM
From: Gus	Respond to of 17183

Presumably.... I also think that one of EMC's newest board members may have considerable input into the new compensation packages which I assume follows the EMC historical pattern of aggressive compensation plans. For example, EMC was able to convince a top IBM executive to take the Global Sales position (3rd highest paying position at EMC) in 1996 or 1997 and my understanding is that he was instrumental in recruiting many IBM sales, technical and service personnel to EMC as it went from less than $2B in sales in 1995 to nearly $9B in sales in 2000. *Windle B. Priem* Windle B. Priem is the Vice Chairman and a Director of Korn/Ferry International, an executive recruiting agency, and completed a two-year term as Korn/Ferry's President and Chief Executive Officer in June 2001. Mr. Priem serves as a Trustee of Worcester Polytechnic Institute and is a member of the Board of Overseers of the Lahey Clinic. He is a member of EMC's Audit Committee and Executive Compensation and Stock Option Committee, and became an EMC Director in December 2001.